Don, I agree with your list being dangerous, but none of the top five are what I would call mainstream strategies.

If I have a potential tenant that I like then I work with them. 

Just saw the news , over 1000 structures destroyed and possibly 28,000 in danger . 

While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?

Good luck, Its a dangerous game.

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

I am particularly concened about the water meters not being hooked up and potential charges there. 

Hey BP community, I’m looking into a potential flip in New York, and would love some insight from experienced investors.

Quote from @Kyle Hess: I'm building a list of tools you could have handy while touring a potential fix-and-flip. 

OPI would assess your fire potential first.